> How does one make money selling advertising in a global downturn?
By not selling advertising but hardware. So at least the two AA of the FAANG are safe(ish), Netflix shouldn't have been in there anyways. And well FG are fine to take a hit :shrug:
By not selling advertising but hardware. So at least the two AA of the FAANG are safe(ish), Netflix shouldn't have been in there anyways. And well FG are fine to take a hit :shrug:
I doubt it. In a recession people will buy less products and subscriptions form Amazon, and less VC money means less startups, means less AWS customers.
Also, people will upgrade their Apple iShiny less often, holding on to their existing devices which work well due to Apple's great SW support, and will buy less stuff from the App Store.
They're safe in the sense they won't tumble, but I expect them to trim the fat by firing their lowest performers and turn the heat on existing workers.
I could also be wrong though, I'm no financial analyst.